News in Brief (March 14, 1988)
Valhalla Energy Corp. has changed its name to The Valhalla Gold Group Corp. (vgg:vse) on a share-for- share basis.
News
Platinova makes deal
An agreement has been signed between Platinova Resources and Mount Estelle Resources, a private company. The deal allows Mount Estelle to share equally in Platinova’s interest in a gold project joint …
Metal Prices FUTURES PRICES (March 14, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Mar 103.60 98.00 99.50 + 6.40 May 95.30 90.2…
INSIDER TRADES (March 14, 1988)
Altex — W. Bell bought 30,300 to hold 1,758,550. Barron Hunter Hargrave — J. Hargrave sold 18,000 to hold 4,914,200. Carolin — J. Berns sold 53,500 to hold 2,726,212. Comet Expl — Krater Minerals …
People (March 14, 1988)
American Mining Congress — Harry Conger re-elected for a third one-year term as chairman of the board of directors and a 3-year term on the board.
Argus to move drilling rig after poor Esker Lake result
If a flurry of market activity can be construed as an indication of success, Alberta-listed Argus Resources seems to be on to something at its Esker Lake gold property east of Contwoyto Lake in the No…
Beaufield/Falco hit intersections at Lac Rouleau
Falconbridge Inc. has drilled several more mineralized intersections on the Lac Rouleau property, held under option by Beaufield Resources. The Lac Rouleau property is located in northern Quebec. The …
Proteus gold discovery
Drilling by Proteus Resources, an affiliate of Silverside Resources, has intersected a new mineralized zone on the company’s Garrison property. Located in Garrison Twp., Ont., the property is subject …
Computer conference shows Canadians’ lead
It’s called the first Canadian Conference on Computer Applications in the Mineral Industry, but it’s actually an international first. And, according to one of the organizers, the event shows that Cana…
PDAC’s convention sets attendance record
The annual convention of the Prospectors and Developers Association of Canada (pdac) just keeps on growing. This year’s edition at Toronto’s Royal York Hotel drew more than 4,000 delegates (surpassing…
First bulk test on Fontana bet
Bay Resources & Services, a company controlled by St. Genevieve Resources of Montreal, and joint- venture partners Stratmin Inc. and Jilby Industries, both of which have been recently listed in Montre…
Letters to the Editor Simple invitations fine
In the article entitled “In the light of Pac-Corona suit plan your site visit carefully,” appearing on page B1 of the March 7 edition, there was attributed to me a comment to the effect that “if you r…